Here are the 10-K annual reports from AT&T Inc. 5.350 Percent Global Notes due 2066 (TBB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow TBB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TBB filings page.
AT&T Inc. reports full-year 2025 results and strategic progress in its 10-K. Total operating revenues were $125,648 million, up 2.7% from 2024, driven mainly by the Communications segment, which supplied about 97% of segment revenues.
Operating income was $24,162 million, up 26.8%, reflecting higher equipment revenue and lower significant items. AT&T ended 2025 with 120 million Mobility subscribers in the U.S., 10.4 million fiber broadband customers, 1.5 million AT&T Internet Air fixed wireless connections and 24.7 million wireless subscribers in Mexico.
The company emphasizes 5G and fiber as core growth areas, is actively decommissioning legacy copper networks, and highlights key risks including macroeconomic pressures, intense competition, regulation, cybersecurity and climate-related impacts. AT&T also repurchased about 72.2 million shares in fourth-quarter 2025 under a $10,000 million authorization.